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Earnings Per Share

3 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Earnings Per Share

2. Earnings Per Share

Diluted earnings per share is computed taking into consideration common shares outstanding and dilutive potential common shares to be issued or released under the Company’s share-based compensation plans. The factors used in the basic and diluted earnings per share computations follow:

		Three months ended September 30,
(dollars in thousands, except per share data)		2018				2017
Net income allocated to common shareholders, basic and diluted		$	138			$	280
Weighted average common shares outstanding, basic and diluted			8,376,928				8,359,607
Earnings per share, basic and diluted		$	0.02			$	0.03

There were no stock option shares outstanding for the three month periods ended September 30, 2018 and 2017.

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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